Norex amalgamation (August 10, 1987)
Consolidated Norex Resources plans to amalgamate with its 100%-owned affiliate Triweb Resources. The former name will remain. The proposed effective date of amalgamation is Aug 31. The deal remains su…
Articles by Northern Miner Staff
$25 million issue by Asamera Minerals
Asamera Inc. announces that the previously reported sale of 2,500,000 units by its subsidiary Asamera Minerals Inc, to Dominion Securities and Midland Doherty for resale to the public, closed as sched…
Thyssen wins Vista contract
Regina-based Thyssen Mining Construction of Canada has been awarded a contract to commence the Phase II decline development on Vista Mines’ Rio project. A total of four Canadian companies submitted bi…
United Minerals options ground adjoining La Fosse
Canadian United Minerals has optioned 75 sq km of ground adjoining the La Fosse Platinum concessions in the Labrador Trough of Quebec. The trough is a 160-mile-long belt of favorable ultramafic rocks …
Nordac discovers a new gold zone
Discovery of a new zone of gold mineralization has resulted from initial trench sampling on the Revenue Creek property in British Columbia, according to Nordac Mining Corp. and Rexford Minerals. The n…
Naneco funds for U.S. bet
Alberta-listed Naneco Resources has recently entered into an agreement with underwriter Richardson Greenshields of Canada for the public distribution to a common share equity financing of up to $15 mi…
Davidson, partners explore in Montana
Exploration programs have been designed for two properties held by Davidson Tisdale Mines, Vital Pacific Resources and Marvic Resources, a private company. The work will examine two gold properties in…
People (August 10, 1987)
Northgate Exploration — Pascal Dessureault appointed president of Northgate Mines Inc., a wholly-owned subsidiary. Genco Industries — Manning W. Cox appointed vice-president exploration and director…
Older steel regions make way for new
Out of 24 world regions, 11 will be in the declining stage of the steel demand life cycle, four will have reached maturity, eight will be in a growth period and only one will be in the introduction ph…
Drilling commences at Beaufield project
Drilling started recently on Beaufield Resources’ joint venture property in the Lac Barry-Macho River area of Quebec. Joint venture partner Falconbridge Ltd. reports that two drills are currently work…
Cease Trading Orders
The following is a list of outstanding cease trading orders issued by the Ontario Securities Commission from Jan 1 to June 30: Aubet Resources (5/14/87) Bearcat Explorations (5/14/87) Benvan Holdings …
Tailings work well under way
Mill City Gold Inc and joint venture partner Tyranex Gold Inc are well under way with their project to reprocess old mine tailings at the Tyranite mine, near Gowganda, Ont. The Tyranite mine produced …